Question: Using the following information taken from the first week in November operating and financial reports of Hudsons steakhouse, what is the operations weighted contribution margin
Using the following information taken from the first week in November operating and financial reports of Hudsons steakhouse, what is the operations weighted contribution margin for the six types of steaks it sells?
a. $11.20
b. $11.70
c. $12.20
d. $12.70
Contribution Number Menu Item Sold Margin $11.50 $9.50 $11.00 $8.50 $13.50 $10.00 New York Strip Cowboy Rib eye Filet Petite filet 85 95 120 65 Sirloin 360 Prime Rib 410 Total 1,135
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